4 ms·
2020 and 2021 exist as years, the answer to your question is clearly negative, at least for certain time periods.
by Aperocky 4y ago
2020 and 2021 exist as years, the answer to your question is clearly negative, at least for certain time periods.
- danuker 4y agoYears since 1970 with the inflation rate below the supposed 2% target: 2020 2019 2013-2016 2010 2009 2002 and 1986. For a 52-year period, that's not too many years. Just a fifth. If the Fed were genuinely targeting 2%, I'd expect half. The geometric mean inflation rate of this period is 3.92%, almost double the stated target. I used data from here: https://www.macrotrends.net/countries/USA/united-states/inflation-rate-cpi https://www.macrotrends.net/countries/USA/united-states/infl...